Diesel Prices Drop Another 5.3¢ to $4.004 per Gallon
Retail diesel prices retreated another 5.3 cents to $4.004 a gallon last week, the Department of Energy reported, as crude oil prices sank to their lowest levels of the year.
May 21, 2012Volvo Trucks Planning 13-Liter LNG Engine
MIAMI — Volvo Trucks plans to introduce a new 13-liter liquefied natural gas engine for its North American over-the-road customers in 2014, the latest development in the fast-growing move to natural gas products, company officials said Friday.
May 18, 2012Natural Gas Prices May Double by 2015, FT Reports
U.S. natural gas prices may double from recent 10-year lows by 2015 as more of the fuel is used in transportation, the Financial Times reported May 17, citing an oil company executive.
May 17, 2012Oil Closes at Six-Month Low Under $93 a Barrel
Oil fell more than $1 Wednesday to finish the trading day at six-month-low under $93 a barrel, Bloomberg reported.
May 16, 2012Diesel Drops 5.3¢ to Near $4 a Gallon, in Biggest Decline This Year
Diesel took its biggest decline in five months, falling 5.3 cents to $4.004 a gallon, and gasoline fell for a sixth week, the Department of Energy reported.
May 15, 2012Electric Class 8 Truck Offered for Short Hauls
Balqon Corp., which makes electric-powered heavy-duty trucks, has introduced a new Class 8 tractor for inner city and shorthaul drayage service.
May 14, 2012Diesel Slips for Fourth Straight Week
Retail diesel prices declined for a fourth week, with the national average dipping 1.6 cents to $4.057 a gallon, the Department of Energy reported, while crude oil futures fell to the lowest levels in three months.
May 14, 2012Oil Finishes Week at 2012 Low
Oil fell almost $1 a barrel Friday, finishing the week at $96.13, its lowest closing price this year, Bloomberg reported.
May 11, 2012Oil Rises to Over $97 a Barrel
Oil rose for the first time in more than a week Thursday, gaining 27 cents to just over $97 a barrel, after falling for six straight trading days, Bloomberg reported.
May 10, 2012Clean Energy’s 1Q Loss Widens on One-Time Charge
Clean Energy Fuels Corp. reported its first-quarter loss widened, in part due to one-time costs.
May 10, 2012